Report overview
Marine Propulsion Engines are used to generate thrust to move a ship or boat across water.
This report aims to provide a comprehensive presentation of the global market for Marine Propulsion Engines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Marine Propulsion Engines. This report contains market size and forecasts of Marine Propulsion Engines in global, including the following market information:
Global Marine Propulsion Engines Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Marine Propulsion Engines Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Marine Propulsion Engines companies in 2022 (%)
The global Marine Propulsion Engines market was valued at US$ 10280 million in 2022 and is projected to reach US$ 10080 million by 2029, at a CAGR of -0.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Marine Propulsion Engines key players include W?rtsil?, MAN Energy Solutions, Rolls Royce, Mitsubishi Heavy Industries, Caterpillar etc. Global top five manufacturers hold a share over 45%.
Europe is the largest market, with a share over 20%, followed by Asia (Excluding China) and North America, both have a share over 40% percent.
In terms of product, Diesel Engine is the largest segment, with a share over 60%. And in terms of application, the largest application is Working Vessel followed by Transport Vessel.
We surveyed the Marine Propulsion Engines manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Propulsion Engines Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Marine Propulsion Engines Market Segment Percentages, by Type, 2022 (%)
Diesel Engine
Gas Turbine
Natural Engine
Hybrid Engine
Fuel Cell
Global Marine Propulsion Engines Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Marine Propulsion Engines Market Segment Percentages, by Application, 2022 (%)
Working Vessel
Transport Vessel
Military Vessel
Pleasure Boats/Water Sports
Others
Global Marine Propulsion Engines Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Marine Propulsion Engines Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Marine Propulsion Engines revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Marine Propulsion Engines revenues share in global market, 2022 (%)
Key companies Marine Propulsion Engines sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Marine Propulsion Engines sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
W?rtsil?
MAN Energy Solutions
Rolls Royce
Mitsubishi Heavy Industries
Caterpillar
Daihatsu
Yanmar
Cummins
GE
Volvo Penta
Fairbanks Morse Engine
BAE Systems
SCANIA
Deere?Company
Doosan
STEYR MOTORS
CSIC
CSSC
Weichai
SDEC
YUCHAI
Outline of Major Chapters:
Chapter 1: Introduces the definition of Marine Propulsion Engines, market overview.
Chapter 2: Global Marine Propulsion Engines market size in revenue and volume.
Chapter 3: Detailed analysis of Marine Propulsion Engines manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Marine Propulsion Engines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Marine Propulsion Engines capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.